- Giant retailer Target offers $500 bonuses to all its hourly employees and bonuses of $1,000 to $2,000 to store directors and other leadership positions.
- “We’re so proud of our team. They’re the heart and soul of Target, showing up for one another and our guests—and making Target a safe and easy place to shop and work,” the retailer said.
- This is Target’s fifth time to issue bonuses to workers over the duration of the coronavirus pandemic.
As a ‘thank you’ for hard work during the pandemic, Target is giving all of its hourly workers a $500 bonus.
The retail-giant is giving away about $200 million on another round of bonuses to show gratitude to its employees. This is the fifth time Target has rewarded its workers with bonuses for going above and beyond during the pandemic.
In a press release last month, Target announced that more than 375,000 employees will get the bonuses. These are frontline team members who work at stores, its headquarters, distribution centers, and field-based offices.
All hourly workers will receive $500 bonuses each while store directors and other employees in leadership positions will get bonuses of $1,000 to $2,000.
“We’re so proud of our team. They’re the heart and soul of Target, showing up for one another and our guests—and making Target a safe and easy place to shop and work,” Target said in a statement. “And never has their dedication, resiliency, care and compassion been more appreciated during the pandemic.”
Target has issued bonuses five times over the duration of the coronavirus pandemic.
The retailer gave $200 bonuses to all hourly full-time and part-time front-line staff in stores and distribution centers in July. Came October, 350,000 front line workers received $200 bonuses.
According to Target, it has spent $1 billion more on employee benefits and salary in 2020 than in 2019. The retailer also leveled up plans to raise starting wages to $15 an hour.
Coronavirus benefits will extend through 2021, and that includes pay for employees who are required to stay home due to illness, free access to virtual doctor consultations and free backup care for workers’ family members.
Way to go, Target!
Source: The Hill